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The Plaza
London
TW13 4GU
United Kingdom
Tottenham Court Road
London
W1T 7NW
United Kingdom
Tottenham Court Road
London
W1T 7NW
United Kingdom
London
SE3 0DE
United Kingdom
High Road Leytonstone
London
E11 4JT
United Kingdom
Great Eastern Street
London
EC2A 3EP
United Kingdom
High Street South
London
E6 3RL
United Kingdom
High Road
London
N12 9QR
United Kingdom
The Quadrant
London
TW9 1DJ
United Kingdom
Hackney Road
London
E2 7QL
United Kingdom
In a stunning twist, cash payments surged for the first time in ten years as Britons grappled with skyrocketing costs. Yet, the mighty debit card reigns supreme, commanding half of all transactions and hitting a record high.
As wallets tighten, cash is crowned the people's choice for budgeting. UK Finance reveals a fascinating shift: while nearly 22 million people sparingly touched cash, less than a million swore by it. Debit cards, beloved for their contactless convenience, saw a monumental rise, fueled by the new hybrid work era and a sharp decline in season ticket sales.